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BitMine Faces $3.7 Billion Loss as Ethereum Crash Hits Reserves

TLDR BitMine Immersion Technologies faces an unrealized $3. 7 billion loss on its Ethereum holdings due to the recent price crash. The company holds 3. 56 million Ethereum coins purchased at an average price of $4,051, far above the current market value. Ethereum’s value dropped 8% in the last 24 hours, further intensifying the financial pressures on [.] The post BitMine Faces $3. 7 Billion Loss as Ethereum Crash Hits Reserves appeared first on CoinCentral.

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BitMine Scoops Up $1.5 Billion Ethereum During Market Crash

TLDR BitMine Immersion Technologies (BMNR) stock is trading around $48-50 per share as of October 2025, after gaining 700% year-to-date but dropping from its $161 July peak The company holds over 3 million Ethereum (2. 5% of all ETH) plus 192 Bitcoin, making it the world’s largest corporate Ether holder with a crypto treasury worth $12. 9-13. 4 [.] The post BitMine Scoops Up $1. 5 Billion Ethereum During Market Crash appeared first on CoinCentral.